HAMILTON, Mont., July 22, 2024 /PRNewswire/ — Local Bounti Corporation BB #:368695, a breakthrough U.S. indoor agriculture company, today announced that it has expanded distribution with its customer, Sam’s Club BB #:140368, for its leafy greens production with service commencing from the Company’s recently opened CEA facility in Mount Pleasant, Texas.
Local Bounti is now fulfilling shipments to six of Sam’s regional distribution centers from two of its facilities, including Byron, Georgia.
“The past several months have been pivotal for Local Bounti with the commencement of commercial operations at our new growing facilities in Washington and Texas,” commented Kathleen Valiasek, President and Chief Financial Officer of Local Bounti.
“The incremental capacity afforded by these facilities is critical in our effort to provide our retail customers consistent access to fresh, sustainable, locally grown produce. In connection with our offtake agreement with Sam’s Club, we are thrilled to expand our distribution with them and utilize capacity from our Texas facility. We have worked tirelessly to optimize our operations and have applied these learnings to our sites in Texas and Washington, both of which are demonstrating the advantages we identified when setting out to leverage our patented Stack & Flow Technology® at these purpose-built facilities.”
About Local Bounti
Local Bounti is redefining indoor farming with an innovative method – its patented Stack & Flow Technology® – that significantly improves crop turns, increases output and improves unit economics. Local Bounti operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Local Bounti grows healthy food utilizing a hybrid approach that integrates the best attributes of controlled environment agriculture with natural elements. Local Bounti’s sustainable growing methods are better for the planet, using 90% less land and 90% less water than conventional farming methods. With a mission to ‘revolutionize agriculture, ensuring accessibility to fresh, sustainable, locally grown produce and nourishing communities everywhere for generations to come,’ Local Bounti’s food is fresher, more nutritious, and lasts longer than traditional agriculture. To find out more, visit localbounti.com or follow Local Bounti on LinkedIn for the latest news and developments.
